ORIGINAL: PDiFolco
It just end up to the fact that the TOAW PzIII lack 1 AT attack factor to match Brit tanks armor, so only have a 64% "kill" chance where the tiny 2-pdr is rated equal or more than PzIII armor with a 100% kill. That's just wrong...
I don't think so. Consistently in reading about British Armour in the desert the problem they had was the German towed AT guns, not the German tanks, which were usually elsewhere anyway.
The long-barreled 50mm gun arms the Pz-IIIJ and upwards in the TOAW database and gets an AT value of six. Early short-barreled 50mm guns (which even by October 1942 made up almost half of all the Pz-IIIs in the DAK) have an AT value of four. The 2 pounder has an AT value of five, which is pretty much in line with its effectiveness.
I think the problem is that you're comparing the best of the German armour (with the long barelled 50mm and 75mm guns) with the average of British armour in order to argue how the averages of both should compare.